The directors of a company tend to have a unique inside view
into the business, so when directors make major buys, investors are
wise to take notice. Presumably the only reason a director of a
company would choose to take their hard-earned cash and use it to
buy stock in the open market, is that they expect to make money -
maybe they find the stock very undervalued, or maybe they see
exciting progress within the company, or maybe both. So in this
series we look at the largest insider buys by company directors
over the trailing six month period, one of which was a total of
$186.8K by Benjamin S. Butcher, Chairman, CEO and President at STAG
Industrial Inc. (Symbol: STAG).
||Benjamin S. Butcher
||Chairman, CEO and President
Butcher's average cost works out to $18.68/share. Shares of STAG
Industrial Inc. were changing hands at $21.53 at last check,
trading up about 0.3% on Thursday. The chart below shows the one
year performance of STAG shares, versus its 200 day moving average:
Looking at the chart above, STAG's low point in its 52 week range
is $14.97 per share, with $21.71 as the 52 week high point - that
compares with a last trade of $21.53.
The current annualized dividend paid by STAG Industrial Inc. is
$1.389996/share, currently paid in monthly installments, and its
most recent dividend has an upcoming ex-date of 06/28/2016. Below
is a long-term dividend history chart for STAG, which can be of
good help in judging whether the most recent dividend with approx.
6.5% annualized yield is likely to continue.
According to the ETF Finder at ETF Channel, STAG makes up 3.47% of
the SuperDividend REIT ETF (Symbol: SRET) which is trading higher
by about 0.6% on the day Thursday.
Click here to find out which other top insider
buys by company directors you need to know about »